Fixed and Variable Annuities MCQs Test Online PDF Download

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MCQ on Fixed and Variable AnnuitiesQuiz PDF Download

MCQ: Payments if it is made at end of each period such as an end of year is classified as

  1. ordinary annuity
  2. deferred annuity
  3. annuity due
  4. Both A and B

D

MCQ: Lottery payoffs and payment for rental apartments are examples of

  1. lump sum amount
  2. deferred annuity
  3. annuity due
  4. payment fixed series

C

MCQ: A type of security payment in which payments are made at equal intervals of time and each payment amount is same is classified as

  1. fixed interval investment
  2. fixed payment investment
  3. annuity
  4. lump sum amount

C

MCQ: Securities future value is $1,000,000 and present value of securities is $500,000 with an interest rate of 4.5%, 'N' will be

  1. 16.7473 years
  2. 0.0304 months
  3. 15.7473 years
  4. 0.7575 years

C

MCQ: If payment of security is paid as $100 at end of year for three years, it is an example of

  1. fixed payment investment
  2. lump sum amount
  3. fixed interval investment
  4. annuity

D